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Abraham Michelson
About | Practice Areas
The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
Bankruptcy, Chapter 7, Chapter 13
Chicago Bankruptcy Lawyer

When your finances are at stake, choose the best. Don't sink deeper in debt. Contact The Michelson Law Office

800-824-6431
1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
  Our legal team can advise you on your options for negotiating a solution.
3. Practice AreasServices
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Mara J. Wegerski

Real Estate, Estate, Criminal

Status: In Good Standing Licensed: 16 Years

CONTACT

9663 Brewerton Rd, Brewerton, NY 13029

Mara J. Wegerski

Real Estate, Welfare, Estate, Child Custody

Status: In Good Standing Licensed: 16 Years

CONTACT

9663 Brewerton Rd, Brewerton, NY 13029

Daniel Joseph Hebert

Real Estate, Lawsuit & Dispute, Government, Estate

Status: In Good Standing Licensed: 13 Years

CONTACT

9456 Madison Ave, Brewerton, NY 13029

Jeffrey B. Andrus

International Tax, International, Estate, Insurance, Business

Status: In Good Standing Licensed: 42 Years

CONTACT

8769 Foxfire Lane, Baldwinsville, NY 13027

Jeffrey B. Andrus

International Tax, International, Estate, Insurance, Business

Status: In Good Standing Licensed: 42 Years

CONTACT

8769 Foxfire Lane, Baldwinsville, NY 13027

Bryan James Maether

Residential Real Estate, Public Interest Law, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 11 Years

CONTACT

9646 Brewerton Road, Brewerton, NY 13029

Timothy Alan Collins

Special Education, Education, Estate, Employment

Status: In Good Standing Licensed: 21 Years

CONTACT

5560 Bartell Rd., Brewerton, NY 13029

Christopher James Velez

Real Estate, Estate, Divorce & Family Law, Business

Status: In Good Standing

CONTACT

219 N Main St, Syracuse, NY 13212

Robert H. Gale

Corporate Tax, Tax, Gift Taxation, Divorce, DUI-DWI

Status: In Good Standing Licensed: 46 Years

CONTACT

211 N Main St, Syracuse, NY 13212

Alan John Willmes

Traffic, Nursing Home, Estate Planning, Transactions

Status: In Good Standing Licensed: 33 Years

CONTACT

119 Church St, Syracuse, NY 13212

800-923-0641

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LEGAL TERMS

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

In 1986 Markatos Realtors, Inc. (hereinafter Markatos), Rutger's immediate predecessor in interest, along with Brookside Park Properties, Inc., the defendant's predecessor in interest, executed a written indenture providing, among other things, for mutual easements designating 12 ...

Colasacco v. Robert E. Lawrence Real Estate

In October 2002 the defendant Christopher DiCorato, a real estate agent employed by the defendant Robert E. Lawrence Real Estate (hereinafter Lawrence, and hereinafter together the defendants), met with the plaintiffs and showed them a parcel of vacant property that was ...

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

In any event, plaintiff fails, as a matter of law, to demonstrate any injury for which it is entitled to hold defendant sponsors liable. Although the purchase agreement obligated defendant sponsors to provide plaintiff with a building and unit constructed "in a good and workman-like ...

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Clay Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Mara J. Wegerski

Mara J. Wegerski

Daniel Joseph Hebert

Jeffrey B. Andrus

Jeffrey B. Andrus

Bryan James Maether

Timothy Alan Collins

Christopher James Velez

Robert H. Gale

Alan John Willmes

TIPS

LEGAL TERMS

RESIDUARY BENEFICIARY

ESTATE PLANNING

TAKING AGAINST THE WILL

TRUSTEE

GRANTOR

FAMILY ALLOWANCE

BEQUEATH

GROSS ESTATE

OFFICER

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

Colasacco v. Robert E. Lawrence Real Estate

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

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